Mid-Century Ranch on 4.85 Acres with Lake | 2 Tracts | Multipar Online Auction
SOLD
Real Estate — $630,300
Premium Included
6:00 PM
Wednesday, November 12 2025
* Harritt Group Multipar Account Required
Need Assistance? Call, Text or Email Ben
502-592-4001 | ben@harrittgroup.com
Buyer's Premium
10% Buyer’s Premium added to the hammer bid price to determine the final purchase price.
Real Estate Terms
A non-refundable down payment, 10% of the Purchase Price (Final Bid + Buyer’s Premium), in the form of cash, check, or wired funds in USD are due within 24 hours following the auction, balance due in 40 days. Buyer to receive clear title. If property sells as a whole, taxes will be prorated to the day of closing. If sold in individual tracts, the buyer shall assume and pay 2026 taxes due 2027 and all subsequent taxes and assessments. Selling as is without contingencies, all inspections welcomed prior to auction. If you choose to obtain financing, not subject to approval or appraisal. All closing costs are the buyer’s expense. Possession at closing. See full details in the Auction Bid Packet.
Reserve
Sells Subject to Seller Confirmation
Open House
- Wednesday, November 19, 11:00 AM – 1:00 PM
- Wednesday, December 3, 11:00 AM – 1:00PM
Or contact us for a private showing.
Seller
MJS Family Trust
Trustees
Jacquelyn L. Barr
Matthew A. Zurschmiede
Documents
Discover a rare Floyds Knobs gem in a prime Paoli Pike location – a timeless mid-century brick ranch owned by the Zurschmiede family for generations, perfectly situated on 4.85 serene acres with lakefront view.
Offered in two tracts, this property presents incredible possibilities: Tract 1 includes the charming three-bedroom home with detached garage and carport on 2.02 acres, while Tract 2 offers a prime 2.83 acre vacant lot overlooking the lake. Buy one or both! Conveniently located just 0.2 miles off US 150 and minutes from Highlander Point, I-64 & downtown New Albany.
PROPERTY HIGHLIGHTS
- 4.85 Acres Bordered by Trees with Lake in Floyd County
- One Owner 1,647 Square Foot Brick Ranch with Walk-Up Basement Built 1959
- Detached Garage with LeanTo & Open Carport
- Offered in 2 Tracts Multipar
- Tract 1 – Home & Improvements on 2.02 Acres
- Tract 2 – 2.83 Vacant Acres with Lake
- 379 Feet Road Frontage on Paoli Pike
- Current Survey by Ruckman Land Surveyors
- Zoned RS – Residential Rural Suburban
- Natural Gas, Electric & Water Available At Street
- Sewers on Paoli Pike – Call Aqua America for Availability
- New Albany – Floyd County Schools
- 0.2 Miles off Hwy. 150
- 2 Miles to I-265 or I-64
4.85 ACRES | 2 TRACTS | HOME | IMPROVEMENTS | LAKE
Perfect opportunity for the homeowner or investor looking for lakefront property in Floyds Knobs. Easy access to expressway – just minutes from Louisville, KY. Selling multipar – buy one or all!
TRACT 1 – 2.02 ACRES | HOME | GARAGE | CARPORT
Overlooking a peaceful lakefront setting on 2.02 acres, this spacious 1,647 square foot three-bedroom home captures the essence of indoor-outdoor living. Expansive windows, 13-foot limestone fireplace with stonework exposed on both sides, hardwood floors and period details makes a perfect blend of rugged beauty and modern simplicity. The home has an unfinished walk-up basement and is equipped with natural gas heat and central air. The property includes a 36’ x 40’ detached garage with lean-to and an open 15’ x 30’ carport.
TRACT 1 HIGHLIGHTS
- 2.02 Acres with Mature Trees & View of Lake
- 172’ Road Frontage x 410’ Deep on West Line
- One Owner MCM Brick Ranch Built 1959
- 1,647 Square Feet on Main Level
- 1,500 Square Feet Unfinished Lower Level
- Detached Garage 36’ x 40’ with Lean-To 8’ x 40’
- Carport 15’ x 30’ – Open
- Additional Land Available – Adjacent to Tract 2
HOME DETAILS
- Family Room with 13’ Limestone Fireplace
- Living Room with Natural Limestone Wall
- Wood Floors in Kitchen, Dining Area & Hallway
- Expansive Windows Throughout Living Areas
- 3 Bedrooms with Double & Triple Windows
- Full Bathroom with Ceramic Tile Walls & Floor
- Poured Concrete Walk-Up Basement with Equipped Laundry Area
- Separate Rooms with Shower & Sink in Basement
- High Efficiency Natural Gas Heat & Central Air
- Septic
TRACT 2 – 2.83 ACRES | LAKE
This property captures the best of both worlds – a peaceful lake at the front and a private site tucked away at the rear surrounded by nature on 2.83 Acres. Immerse yourself in the landscape!
TRACT 2 HIGHLIGHTS
- 2.83 Vacant Acres
- 207’ Road Frontage x 467’ Deep on East Line
- Lake
- Additional Land Available – Adjacent to Tract 1
Duke Energy
Floyds Knobs Water Company
Vectren Gas
Spectrum Internet
Septic on Tract 1
AquaSource Sewers on Paoli Pike
For Availability Call Sarah @ 1-260-403-9496
Property is being sold without any protective covenants and restrictions.
Zoned RS Residential Rural Suburban
Lafayette Township (Annual) — $2,538.30
Homestead — $48,000
Supplemental — $82,875
FEMA records indicate that the property is not in a flood zone.
Property is being sold per current survey dated 10/18/2025 prepared by Ruckman Land Surveyors.
SE1/4 SW ¼ 18-2-6 – 4.85 Acres per Survey
22-04-01-800-031.000-006
New Albany Floyd County Consolidated Schools
MULTIPAR AUCTION METHOD
The Multipar Auction Method is used to sell multiple parcels (tracts) of real estate at auction. Throughout the auction, the buyer maintains maximum choice and control, bidding on the specific parcel or combinations of parcels they are interested in. Buyers can bid on individual parcels, a combination of parcels, or the entire property. The final sales price is determined by the combination that realizes the highest bid.
NO MAX BID
There is no maximum bid feature in a multipar auction. Any posted bid will increase to the bid amount entered.
EXTENDED BIDDING
If a bid is placed on any parcel—whether as the winning bid or a backup bid, individual or combined bid—in the last 10 minutes, the entire auction will remain open for an additional 10 minutes. If any further bidding occurs, the extension timer will reset to 10 minutes. If no further bidding occurs, the lots will close when the timer expires.
The Harritt Group staff is always available to assist any bidder who has questions. If you need assistance with bidding, please call our office at 812-944-0217 for help. Our staff will be available to answer any questions you may have.
DIRECTIONS I-64 to Greenville Exit 119. West 2 miles on US Hwy 150 to right on Paoli Pike. 3/10 mile to auction on the left.
The MULTIPAR AUCTION METHOD is used to sell multiple parcels of real property at auction. Throughout the auction, the buyer maintains maximum choice and control to bid on the specific parcel or combination of parcels they are interested in. Buyers can bid on individual parcels, a combination of parcels, or the entire property. The final sales price is determined by the combination which realizes the highest bid. For a new bid on a single lot or combination, the overall total must increase by a minimum of $1,000.
NO MAX BID FEATURE
There is no maximum bid feature in a multipar auction. Any posted bid will increase to the bid amount entered.
EXTENDED BIDDING
- If a bid is placed on any parcel in the last 10 minutes, the entire auction will remain open for an additional 10 minutes.
- If any further bidding occurs, the extension timer will reset to 10 minutes.
- If no further bidding occurs, the lots close when the timer runs out.
The Harritt Group staff is always available to assist any bidder who has questions. If you need assistance on how to bid, please call our office for assistance @ 812-944-0217. Our staff will be available for questions.
- Bid only on what you want to own. If you only want a single parcel, bid on that parcel individually. If you only want a combination of parcels, bid when combination bidding is opened.
- Combination bidding will be allowed by a specific time & date or when all parcels have an individual bid. Each auction is different so make sure to check the terms.
- Don’t wait until the end; prices will not go down.
- Any posted bid is considered active and could be back in the winning position at any time during the auction.
- Before you bid, determine your auction strategy — what you want to buy and how much you can bid.
- Consult with The Harritt Group to help with bidding strategy or math before/during the auction.
Open Inspection & Multipar Demo
- Wednesday, November 19, 11:00 AM – 1:00 PM
- Wednesday, December 3, 11:00 AM – 1:00PM
Contact Ben Harritt to Schedule Private Demo — ben@harrittgroup.com | 502-592-4001
